USD/GEL Main trend (long-term). Channel. Downward wedge.Logarithm. Time frame 1 month. Main trend. Long-term trend.
Decided to make an idea, as now, a lot of people from Ukraine and Russia emigrate to small Georgia for a while. There is a strong appreciation of lari while the currencies of other countries are depreciating. I won't describe why the GEL
Go further or pullbackhello every one
i hope you enjoy youe trades
but if you want to open a position or buy this currency to make a profit make sure this pullback will be complete
if not dont risk on it
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Bullish Idea for USD/GEL On USD/GEL daily chart, we can easily spot a symmetrical triangle, which has been broken upwards by the price movement. The price has also retested the break out point. The measured move for this break out would be near 4 GEL. This price target is also being confirmed by 1.618 fib level. Maybe a g
USDGEL (Georgian Lari) Chart has confirmation of Triangle during the uptrend Chanel, Good price to buy 2.4650 S/L 2.36 T/P 3.0 ......
Unfortunately we have not ability access to Trade on this currency exchange on Forex Market, But this Technical analyse is made for The People who has access to trade on it. Current Pric
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.